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Retail CBDC could revolutionise digital subscriptions using micropayments

e-rupee, digital currency

Retail CBDC could revolutionise digital subscriptions using micropayments The internet offers us a myriad of digital goods and services: music and content streaming services, articles on various news and media platforms, online games, online journals, and various software tools that help us edit, share, design and proofread. Most of these platforms require a time-bound monthly or annual subscription which ...

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Union Bank of India hikes home loan, other loan interest rates: Check latest rates

Union Bank of India hikes home loan, other loan interest rates: Check latest rates [ad_1] Union Bank of India has increased its marginal costs of funds-based lending rates (MCLR) across all tenures by 5 basis points (bps). According to the bank’s website, the revised interest rates will be effective from December 11, 2022 to January 10, 2023. The bank’s overnight ...

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Loans against mutual funds: Eligibility, process, costs

Loans against mutual funds: Eligibility, process, costs [ad_1] MF investors typically invest for medium to long term goals. Faced with a sudden need for funds, investors tend to redeem investments. However, this interrupts the road to fulfilling goals. They should instead consider a loan against investments. Here the investment remains intact as the loan is availed by marking a lien ...

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